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Rent To Own Homes in Fairfax, VA 22030

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Fairfax, VA Foreclosures

How much do homes sell for in Fairfax, VA?
The average home price is currently $883,300.
In Fairfax, VA, how many homes are available?
There are currently 4 active home listings available in Fairfax.
What’s the average rental cost in Fairfax, VA?
The average rental price in Fairfax is $2,801.
What is the most expensive home in Fairfax?
The most expensive home sold in Fairfax had a price of $209,042,784.
What is currently the cheapest priced home in Fairfax, VA?
The cheapest home for sale in Fairfax is priced at $11,351.

Living in Fairfax, VA

Fairfax, Virginia, is a thriving suburban city known for its excellent schools, vibrant community life, and easy access to the nation’s capital. With a variety of shops, restaurants, and outdoor activities, it provides a great quality of life for families and young professionals alike. The city's blend of history and modern convenience makes it a desirable location for homebuyers.

Current Market Conditions in Fairfax, VA

The real estate market in Fairfax is currently competitive, with a high demand for homes due to the city's desirable location and amenities. Home prices have been steadily increasing over the past few years, reflecting the area's growth and development. Inventory levels are lower than usual, creating a seller's market where buyers may face bidding wars for desirable properties.

Recent trends indicate a shift towards more buyers looking for suburban living, influenced by remote work options and the search for more spacious homes. As a result, neighborhoods in Fairfax have seen an influx of new residents, leading to continued price appreciation.

Home Value Estimator For Fairfax, VA

There are currently 47,624 real estate properties in Fairfax, VA, with a median automated valuation model (AVM) price of $786,189.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairfax, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Fairfax, VA, is $883,300.00, with the most expensive house in Fairfax, VA, topping out at $209,042,784.00 and the cheapest home in Fairfax, VA, clocking in at $11,351.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairfax, VA!

Rent Prices In Fairfax, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairfax, VA, is on a rollercoaster ride. The average rent price in Fairfax, VA, is $2,801.00. Indeed, when looking to rent in Fairfax, VA, you can expect to pay as little as $1,260.00 or as much as $6,760.00, with the average rent median estimated to be $2,690.00. The good news is that finding an affordable and desirable property to rent in Fairfax, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Fairfax, VA 22030 Rent To Own Homes

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